Which of the Following Is an Example of Opportunity Cost

question 42

Multiple Choice

Which of the following is an example of opportunity cost?

• A)Renting an apartment near school
• B)Saving money instead of taking a vacation
• C)Setting aside money for paying income tax
• D)Purchasing automobile insurance
• E)Using a personal computer for financial planning

Discriminate between external and internal locus of control and their effects on workplace performance.

Identify and differentiate among the Big Five personality traits.

Assess the concept of values, their stability, and their significance in varied situations.

Understand the dynamics of person-organization value congruence.

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Definitions:

Verify Internet Connectivity

The process of ensuring that a device can connect to the Internet and communicate with websites or other network services.

Mechanical Hard Drives

Devices used for storing data, utilizing spinning disks and a read/write head to access data.

Sensitive Data

Information that is considered private or confidential, including financial, personal, or proprietary data, which requires protection.

Drive Overwrite Program

Software designed to securely erase data from a hard drive by overwriting existing information with patterns of meaningless data, ensuring the original data is unrecoverable.